Tuesday, December 2, 2008

Market Malaise

The US markets had a rough day yesterday:
  • DOW -679.95
  • S&P -80.03
  • NAZ -137.50

Don't look at it as a buying opportunity. Don't look at an up day today as a buying opportunity. Outside of a few select names don't look at a bonafide buying opportunity until the resistance levels outlined yesterday are taken out.

Here's another article on the recession.

1 comment:

goatlife said...

Indicative of past performance!